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Real Estate Forum on Revalidation Charges Buildings

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Q: Hello. Please tell me if there have been any changes in the revalidation charges of layouts and group housing projects recently in Hyderabad?
Latest Answer: Previously, while approving draft layouts 15 percent of developable area was also mortgaged in favour of HMDA which is lying with HMDA even after the completion of six years period. In view of the problems faced by developers and others, a decision was taken for levying of revalidation charges.
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